The pair Cardano/Tether (ADA/USDT) jumps from the ascending trendline down.
A bearish trend down to the next support line at 0.850700000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.928100000 could be enabled.
Consider stop-loss settings accordingly.
Besides a ‘Three White Soldiers’ candle pattern is detected. The chart shows ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.121000000 |
2nd High | 0.940300000 |
Next High | 0.928100000 |
Current Price | 0.874300000 |
Next Low | 0.850700000 |
2nd Low | 0.770000000 |
3rd Low | 0.765500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers